Energy Peace Partners and Center for Resource Solutions held a webinar introducing the Peace Renewable Energy Credit (PREC), a market-based instrument that can help finance new clean energy projects in fragile regions, including in peace and humanitarian missions.

Transitioning from diesel generators to renewable energy generation in conflict and crisis affected countries can reduce annual costs, reduce the security dangers of diesel supply chains, and curb local air and water pollution. Long-lasting clean energy assets can serve as building blocks for peace and development in the post-conflict phase by increasing energy access, encouraging follow-on investment, creating new revenue streams, seeding local businesses, and creating jobs.